Inheritance tax: A fairer way of calculating trust charges
A consultation on simplifying the calculation of Inheritance tax (IHT) charges on trusts.
Detail
Legislation on the alignment of payment and filing dates and the treatment of retained income is included in Finance Bill 2014. This consultation focuses on changes to the way IHT trust charges are calculated and it also sets out proposals for the treatment of the nil-rate band where the settlor makes a number of settlements.
Documents